Department of Finance

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https://repository.udsm.ac.tz/handle/123456789/58

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Browsing Department of Finance by Subject "Boards"

Now showing 1 - 4 of 4
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    Boards in Microfinance Organizations: Do Stakeholders Matter?
    (2014) Mori, Neema; Mersland, Roy
    Microfinance organizations provide financial services to low income people. Governance of these organizations is important for them to efficiently reach poor people and survive financially. Board is one among several governance mechanisms. This paper empirically analyses the influence of stakeholders who sit on boards, on financial and outreach results of microfinance organizations. Based on resource dependence and stakeholder theories, we analyze four types of stakeholders; donors, customers, employees and creditors. Results show that stakeholders are important in microfinance and that more non-profit organizations have donors on boards than for-profit organizations while customers and employees are found to be more represented on for-profit organizations. Regression results show that stakeholders through their resource provision role contribute both positively and negatively to financial and outreach results. Implications and areas for future research are further discussed.
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    Roles Of Stakeholders In Strategic Decision-Making Of Microfinance Organizations
    (2010) Mori, Neema
    Microfinance organizations provide financial services to low income people. These organizations have been increasing dramatically worldwide. This increment calls attention for these organizations and their boards to make strategic decisions which enable them perform well and compete with each other. Based on literature, this paper identifies six types of microfinance stakeholders who sit on boards. These are clients, employees, government, donors, creditors and owners. This paper discusses the different roles of these stakeholders when they sit on boards of microfinance organizations and these roles are further explained to show how they contribute to the process of making strategic decisions. Literature on boards, strategic decision-making and stakeholder theory are used as guides in showing how microfinance stakeholders on boards can be advantageous to these organizations, specifically in strategic decision-making. Practical implications, propositions and areas for future research on stakeholders and strategic decisions in microfinance organizations are identified and encouraged.
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    Stakeholder Influence and Board Role Performance in Microfinance Organizations: A Theory-Based Approach
    (2010) Mori, Neema
    Microfinance organizations provide financial services to low income individuals. In this paper I argue that good governance is a precondition for the long run survival of such organizations. The paper discusses importance and roles of stakeholders who sit on boards of microfinance organizations. The paper first identifies six types of microfinance stakeholders who sit on boards. These are donors, investors, government officials, creditors, employees and customers. The paper continues by discussing roles and importance of these stakeholders on boards and their contribution to board role performance. Stakeholder, agency and resource dependence perspectives are used as theoretical foundations, and used to identify stakeholder roles and their influence on board role performance. Practical implications and areas for future research on stakeholders, boards and governance of microfinance organizations are identified and encouraged.
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    Strategic Decision Making in Microfinance Organizations: Stakeholder Perspective
    (2009) Mori, Neema; Munisi, Gibson
    Micro finance organizations have been increasing dramatically worldwide. This increment calls attention for these organizations to making strategic decisions which will enable them compete. We examine and discuss the roles that micro finance stakeholders in boards can play in the process of making these decisions. We combine board, strategic decision making and stakeholders’ literature in order to show how micro finance stakeholders’ representation in boards can be advantageous to these organizations, specifically in strategic decision making process. Future empirical research on stakeholders and strategic decisions in Microfinance organizations is identified and encouraged.